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Crypto funds add $1B as three-week inflow streak continues

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 79 Views

Crypto funds add $1B as three-week inflow streak continues

Crypto ETPs recorded $1.06 billion in inflows last week, led by Bitcoin and Ethereum, marking three straight weeks of gains despite geopolitical stress.

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.

Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday.

The inflows mark three consecutive weeks of positive flows totaling $2.7 billion, driving net inflows to around $1.2 billion year-to-date.

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